Indonesia recorded a record for exports this year

Central Bureau of Statistics (BPS) recorded the export value of Indonesia in August 2010 for U.S. $ 13.71 billion. This figure was a record for trading in the history of Indonesia.

Previously, the highest export record occurred in December 2009. At that time, the export value reached U.S. $ 13.35 billion. "This latest export record in the history of the Republic of Indonesia," BPS chief Rusman Heriawan said in a press conference in his office, Jakarta, Friday, October 1, 2010.

According to Rusman, the value of Indonesian exports in August rose 9.76 percent compared to July 2010. Meanwhile, when compared to August 2009, the increase in exports reached 29.99 percent.

Of the total exports, the non-oil sector contributed U.S. $ 11.77 billion, up 32.35 percent over the previous year.

The main commodities contributing the largest export in August this is animal fats and vegetable oils with an increase of U.S. $ 1.1 billion. Meanwhile, grain, crust, metal and ashes of U.S. $ 80 million.

BPS noted, during January-August 2010, Indonesia's export value has reached U.S. $ 98.71 billion, up 40.42 percent compared to same period 2009.

Trade Surplus
Rusman also revealed, the value of imports in August fell by 3.21 percent from U.S. $ 12.63 billion to U.S. $ 12.22 billion. When compared to August 2009, the export value increased by 25.89 percent this month.

Until the first nine months of 2010, import value reached U.S. $ 87.78 billion, up 46.87 percent compared to same period last year.

Seeing the trade balance in August, Indonesia again experienced a surplus of Us $ 1.49 billion. "This refutes fears of some people who say the deficit will again take place," said Rusman.

During January to August, Indonesia recorded a trade surplus of U.S. $ 10.93 billion. Indonesia Today

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